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Russian energy giant Gazprom will hold talks...

"There are very positive dynamics in cooperation with Bulgaria on the South Stream implementation. In January, a round of talks between Gazprom and its Bulgarian colleagues is planned," Sergei Shmatko said.

The statement came after talks between Sergei Shmatko and his Bulgarian counterpart Traicho Traikov, during which the sides discussed energy projects, including the Burgas-Alexandroupolis oil pipeline and the Belene Nuclear Power Plant.

Shmatko and Traikov also considered the issue of natural gas supplies to Bulgaria.

Russia and Bulgaria are jointly developing a range of energy projects, such as the Burgas-Alexandroupolis pipeline project, the South Stream gas project and the building of a nuclear power plant in the Bulgarian northern town of Belene.

Russia, Bulgaria and Greece signed an agreement to build the 280-km Trans-Balkan pipeline to pump Russian and Caspian oil from the Bulgarian port of Burgas to the Greek port of Alexandroupolis in 2007.

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